Rising Pharmaceuticals Lowers Headcount After Closing Decatur Factories
Rising Pharmaceuticals, a New Jersey-based company, has shut down its two manufacturing facilities in Decatur, Illinois after two years of operation1.
About 95 employees were immediately informed of the closure and will receive severance pay and benefits through November 15, 20251.
The closure triggered a state WARN notice, and Workforce Investment Solutions will assist the laid-off workers with job training, resume help, and job applications1.
86 workers are officially slated for layoff with the Decatur facility closure, effective November 15, 2025 according to Illinois state postings3.
Rising Pharmaceuticals acquired these facilities from Akorn Pharmaceuticals following Akorn's bankruptcy in 20231.
This closure is part of a wider trend of significant job cuts and layoffs across the pharmaceutical industry in 2025, driven by economic pressures, strategic downsizing, and automation56.
Sources:
1. https://www.wandtv.com/news/rising-pharmaceuticals-shuts-down-decatur-operations-after-2-years/article_0bcd63a8-d4d7-4dbc-ad45-761ef16423c8.html
3. https://101theeagle.com/decatur-layoffs-rising-pharma/
5. http://www.challengergray.com/blog/pharma-and-finance-lead-as-august-2025-job-cuts-rise-39-to-85979/
6. https://www.visiontimes.com/2025/08/20/biopharma-layoffs-surge-as-industry-faces-economic-and-strategic-pressures.html